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Balancing Innovation via Organizational Ambidexterity – Part 3

Integrative Innovation

The funnel describes the main stages and gates every idea has to pass through on its way to a product, service or business model innovation. Typically, the first stage of an innovation funnel is “ideation”, the last one “market launch”. Ideation : Ideas for innovation in products, services and business models are generated.

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7 Habits of Highly Innovative Companies

ITONICS

The term comes from the English and is based on the Lean Startup Model by Eric Ries. For this very reason, Intel constructed a space called Innovation Open Lab in Ireland to develop and smooth open research, ideation and overall innovation in the company. There is still some negative feeling and judgment behind the word failure.

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